Quotient Technology (QUOT) Downgraded by TheStreet to “D”

Quotient Technology (NYSE:QUOT) was downgraded by equities researchers at TheStreet from a “c-” rating to a “d” rating in a note issued to investors on Monday, TheStreetRatingsTable reports.

A number of other research analysts also recently commented on QUOT. Zacks Investment Research downgraded shares of Quotient Technology from a “hold” rating to a “sell” rating in a report on Saturday. reaffirmed a “buy” rating and issued a $12.00 price target on shares of Quotient Technology in a report on Wednesday, February 13th. ValuEngine downgraded shares of Quotient Technology from a “buy” rating to a “hold” rating in a report on Thursday, January 24th. reissued a “buy” rating and issued a $12.00 price objective on shares of Quotient Technology in a research report on Wednesday, February 13th. Finally, Royal Bank of Canada reduced their price objective on shares of Quotient Technology to $12.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 13th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $15.20.

Shares of NYSE:QUOT opened at $10.25 on Monday. The company has a quick ratio of 4.83, a current ratio of 3.94 and a debt-to-equity ratio of 0.46. Quotient Technology has a 12 month low of $8.92 and a 12 month high of $15.98. The stock has a market capitalization of $956.23 million, a P/E ratio of -42.71 and a beta of 0.21.



Quotient Technology (NYSE:QUOT) last announced its quarterly earnings results on Tuesday, February 12th. The technology company reported ($0.03) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.02). Quotient Technology had a negative net margin of 7.58% and a negative return on equity of 6.59%. The business had revenue of $107.06 million during the quarter, compared to the consensus estimate of $110.13 million. On average, sell-side analysts forecast that Quotient Technology will post -0.23 earnings per share for the current year.

In related news, insider Jason Young sold 10,000 shares of the stock in a transaction dated Wednesday, February 20th. The shares were sold at an average price of $10.23, for a total value of $102,300.00. Following the sale, the insider now directly owns 130,899 shares of the company’s stock, valued at approximately $1,339,096.77. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Andrew J. Gessow acquired 5,000 shares of Quotient Technology stock in a transaction that occurred on Thursday, February 28th. The stock was purchased at an average cost of $10.03 per share, for a total transaction of $50,150.00. The disclosure for this purchase can be found here. Insiders sold a total of 25,132 shares of company stock worth $254,625 over the last three months. 9.50% of the stock is currently owned by corporate insiders.

Several large investors have recently modified their holdings of QUOT. Dimensional Fund Advisors LP increased its position in shares of Quotient Technology by 862.7% during the third quarter. Dimensional Fund Advisors LP now owns 222,376 shares of the technology company’s stock worth $3,447,000 after acquiring an additional 199,276 shares during the period. Vanguard Group Inc. increased its position in shares of Quotient Technology by 2.9% during the third quarter. Vanguard Group Inc. now owns 7,141,078 shares of the technology company’s stock worth $110,687,000 after acquiring an additional 202,053 shares during the period. Cowen Prime Services LLC increased its position in shares of Quotient Technology by 11.2% during the fourth quarter. Cowen Prime Services LLC now owns 1,340,281 shares of the technology company’s stock worth $14,314,000 after acquiring an additional 134,664 shares during the period. We Are One Seven LLC increased its position in shares of Quotient Technology by 23.5% during the fourth quarter. We Are One Seven LLC now owns 18,602 shares of the technology company’s stock worth $198,000 after acquiring an additional 3,542 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Quotient Technology by 44.5% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,419 shares of the technology company’s stock worth $58,000 after acquiring an additional 1,668 shares during the period. 76.68% of the stock is currently owned by institutional investors and hedge funds.

About Quotient Technology

Quotient Technology Inc, a digital marketing company, provides technology and services that offers integrated digital promotions and media programs for consumer packaged goods (CPGs) brands and retailers. The company offers programs across its network, including its flagship consumer brand Coupons.com and retail partners' properties.

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